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Sep 21, 2012
09/12
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WBFF
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they came back to the united states, and my dad had to get help, financial help, the government helped his family be able to get on their feet again. by the way, that's the way america works. we help people, we get them on their feet and they build a brighttr future."but the rooney campaign is doing more than cleaning up that video leaked to mother jones magazine. consider what the gop nominee said on the similarities between the president's health care lawa& and his own."now and thennthe president says i'm the grandfather of obamacare. i don'ttttink he meant thaa as a compliment but i'll take it." after thh obama campaign noted what romney has said in the past about the lawa"i will repeal obamacare and i will kill it dead on the first day." one of the romney's top governor bobby jindal hopped on a conference call with reporters to say the candidate is not trying to have it both wwys."governor romney has made repeal and replace this very y - bad laa."after a rocky couple of weeks that'' seen more fundraisers thaa rallies the campaign is planning to pick up the pace... in a swing state
they came back to the united states, and my dad had to get help, financial help, the government helped his family be able to get on their feet again. by the way, that's the way america works. we help people, we get them on their feet and they build a brighttr future."but the rooney campaign is doing more than cleaning up that video leaked to mother jones magazine. consider what the gop nominee said on the similarities between the president's health care lawa& and his own."now and...
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Sep 30, 2012
09/12
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WJLA
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the united states vernment is following an internatitional policy of bullying. >> some people have begun to addle the absurd notion that armed i- middle east. yeah, right. >> president obama was criticized for finding time to view," but he not find time to appear prime minister netanyahu. panetta andnd it's that the on the consulate in libya not the work of an angry mob reacting to an anti muslim but a premeditated terrorist attack. why did they nocome out with that right off the bat? >> because the attack happed after their charlotte , at which dememocrats had proclaimed over and over , despite the football 100 times -- spiked the foototball 0 killing osama bin laden. the implication is that he was the guy who took cacare of al qaeda. week, you he an a affiliates sacking pmc and .he ambassador di administration did not want that contrasting with the great anti-a sororism policy obama had rce on theusan shows pretending that of awas the outgrowth when erybody, age of nine could see .hat it wa premeditated addis s why the story w was until it could no longer be suppressed. >> i am not awa
the united states vernment is following an internatitional policy of bullying. >> some people have begun to addle the absurd notion that armed i- middle east. yeah, right. >> president obama was criticized for finding time to view," but he not find time to appear prime minister netanyahu. panetta andnd it's that the on the consulate in libya not the work of an angry mob reacting to an anti muslim but a premeditated terrorist attack. why did they nocome out with that right off...
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Sep 18, 2012
09/12
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CNBC
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to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or zero to a quart per. >> what are they waiting for? >> that's a good question. what are they waiting for? the idea being if you have a single mandate you are less free to move your currency when you're doing that. the latest number was 2.6% inflation in the eurozone, so given that mandate constraint, they can't do it. the fed can look at 8%, 9%, 10% unemployment and say with a forecast of lower inflation down the road, i can move now to zero. >> it seems to me central banks make uhm the rules as they go aening lo, when they'll do all of the extraordinary things to say yes this is in our man
to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or...
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Sep 14, 2012
09/12
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CNBC
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we need that here in the united states, too. we have to get our mojo back. >> we have to leave it there. congratulations. we wish you lots of luck. >> watch the space, entrepreneurs in greece. >> well. joe. >>> coming up, bart chilton has september a letter to ben bernanke, and we'll see the note even before he does. >>> best and worst cities for travel taxes revealed. here's today's road warrior report. business travelers visiting the windy city will be hit by a storm of taxes. that's according to a brand new study released by the global business travel association. they claim chicago hits u.s. travelers the hardest when you combine sales and travel taxes to the tune of more than $40 per day. on average that's 81% higher than ft. lauderdale, florida, has has the lowest tax burden of just over $22 per day. the chicago convention and tourism bureau didn't respond to our request for comment. see the full list of the best and worst cities for travel taxes at road warrior.cnbc.com up. a short word that's a tall order. up your game.
we need that here in the united states, too. we have to get our mojo back. >> we have to leave it there. congratulations. we wish you lots of luck. >> watch the space, entrepreneurs in greece. >> well. joe. >>> coming up, bart chilton has september a letter to ben bernanke, and we'll see the note even before he does. >>> best and worst cities for travel taxes revealed. here's today's road warrior report. business travelers visiting the windy city will be hit...
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Sep 26, 2012
09/12
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FOXNEWS
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"the fox report's" correspondent jonathan hunt is with at the united states tonight. his attack on israel. >> yeah, president ahmadinejad's remarks today were rambling and bizarre for the most part. rather than pointed and inflammatory. but when there was venom. that venom was reserved largely for israel. he said the israeli government once again was fake and he said israel's threats against iran and its nuclear facilities were the result of what he called arrogant imperialism. listen to this. >> continued threat by the uncivillized zionist to resort to military action against our great nation is a clear example of this bitter reality tomorrow, of course, we will hear from israeli prime minister benjamin netanyahu who will no doubt use president ahmadinejad's words to emphasize why israel sees nuclear iran as imminent rather than a future threat. shep? >> shepard: ahmadinejad, wasn't the only one to take a shot at israel today? >> no, he wasn't. egyptian president mohammed morsi the new islamist president of that country also weighed in criticizing israel for what the
"the fox report's" correspondent jonathan hunt is with at the united states tonight. his attack on israel. >> yeah, president ahmadinejad's remarks today were rambling and bizarre for the most part. rather than pointed and inflammatory. but when there was venom. that venom was reserved largely for israel. he said the israeli government once again was fake and he said israel's threats against iran and its nuclear facilities were the result of what he called arrogant imperialism....
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Sep 24, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> "squawk box" keeping our eyes on the prize, its eight a "squawk" oil summ
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the...
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Sep 18, 2012
09/12
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CNBC
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look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a dirty trick. using somebody else's own words is a dirty trick. >> they have had it since last may. that is the thing. and now the other side by the way is going to use another dirty trick because they have this type of obama saying i'm a redistributionist. >> those are his own words. he said it. don't deknny it. if robert costa is right. that means he hasn't had a good week since may. >> he may be in trouble but polls have romney neck in neck, a deed even race with obama. what is your take? >> my take is on the video, this was a chance to refocus the campaign on the right issue
look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a...
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Sep 12, 2012
09/12
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it starts deliveries in the united states the following friday on the 21st. we'll have more on this coming up all day here. let's get to brian shactman with his market flash. >> thank you very much, bill. there is news out there outside of apple. i want to take a look at dole foods, the iconic brand now a smaller cap company just under $1 billion. right around 1:00, the nikkei reported. the headline and the subheader, they reported a japanese company was acquire two dole food units for $1.7 billion. the subhead says they hope to reach an agreement this month. the price spiked. the stock is up 10%. back to you. >> thank you so much, brian. if world investors are right, get ready for another intervention to boost the economy. >> mean time, we're going to talk about whether it's needed or not. peter says any fed action is not going to help and it's wrong. others say the economy needs it right now. let's talk about it and get your perspective on this. peter, you saw the employment numbers last friday. you don't think we need more fed intervention? >> we need more
it starts deliveries in the united states the following friday on the 21st. we'll have more on this coming up all day here. let's get to brian shactman with his market flash. >> thank you very much, bill. there is news out there outside of apple. i want to take a look at dole foods, the iconic brand now a smaller cap company just under $1 billion. right around 1:00, the nikkei reported. the headline and the subheader, they reported a japanese company was acquire two dole food units for...
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Sep 29, 2012
09/12
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MSNBC
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well, being the president of the united states, craig, is one lonely job. you have a lot of people working for you, there's a lot of glamour to the job, but at the end of the day, it's very lonely. you have to make some pretty incredible decisions. you know, when i worked for president bush, one of the things that always kind of got to me is those moments when you realize that he started off every morning, and he started awfully early every morning, getting an assessment of what was going on with the war on terror, and all the problems with people who had lost their lives in the skirmishes the day before. for every president, republican or democrat, it's a sobering job. it's a job -- >> and that's what she was speaking to there. >> that's what she's speaking to there. i hope you wouldn't try to apply anything else. >> but that was something we came across, and we were like, yeah, we wanted to get you to elaborate on that. thank you for doing that. i want to turn to paul ryan for a quick moment here. this is what the "national review" is reporting this morni
well, being the president of the united states, craig, is one lonely job. you have a lot of people working for you, there's a lot of glamour to the job, but at the end of the day, it's very lonely. you have to make some pretty incredible decisions. you know, when i worked for president bush, one of the things that always kind of got to me is those moments when you realize that he started off every morning, and he started awfully early every morning, getting an assessment of what was going on...
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Sep 20, 2012
09/12
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FOXNEWS
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across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> the s and t is breaking a two-day losing streak. home sales jumped to their highest level in more than two years in august. that's according to the national association of realtors. sales rose 7.8% last month to a seasonally adjusted units. sales of occupied homes remain below the level of what economists consider healthy. and 11,000 employees may be at risk of losing their jobs. this comes as the airline goes through bankruptcy restructures. american airlines says they only let just over 4,000 go. the fox business network in your area, log on to fox business.com. the box business network, giving you the power to prosper. >> this is a fox news alert a deadly attack on an american consulate on september 11th. tonight intelligence sources tell fox news they are
across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> the s and t is breaking a two-day losing streak. home sales jumped to their highest level in more than two years in august. that's according to the national association of realtors. sales rose 7.8% last month to a seasonally adjusted...
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Sep 26, 2012
09/12
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and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >> that's right. ambassador rice came on the sunday morning programs and said that, in fact, it was a spontaneous reaction of course to the video. and in no way was an expression of hostility toward america. and you have to say killing four american heroes, quite honestly, attacking our consulate, if that's not hostility toward america, i don't know what it is. so, no, i think it's pretty apparent that the administration must have known, had information, and ambassador rice was sent out on the sunday programs to mislead the american public. i find that outrageous, and i think she needs to explain herself and expl
and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >>...
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Sep 17, 2012
09/12
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that's a big problem. >> what's unique about the united states is the united states has done better over the past 30 years than countries which have decided to keep tax rates high and keep their industries regulated. by lowering marginal tax rates, by deregulating has given the u.s. a huge advantage over countries that haven't. >> the times we did best of all is when bill clinton was president. i think we ought to have the same tax rates we had when bill clinton was president. >> can we get spending down to 18% of gdp like bill clinton? does that come with that? >> i'd be happy to do that as long as we could raise taxes to the way -- >> the president would not. >> last word. >> the fact of the matter is that all this talk about tax cuts is nonsense. it advantages a particular group of people who are already at an advantage. >> that's class warfare. >> it's fitting we end on an equality note given what's happening outside the doors of this exchange. >> be careful. >> governor, j.p., thank you guys. see you next time. >>> when we come back, banks getting a boost from qe-3 but pulling back
that's a big problem. >> what's unique about the united states is the united states has done better over the past 30 years than countries which have decided to keep tax rates high and keep their industries regulated. by lowering marginal tax rates, by deregulating has given the u.s. a huge advantage over countries that haven't. >> the times we did best of all is when bill clinton was president. i think we ought to have the same tax rates we had when bill clinton was president....
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Sep 13, 2012
09/12
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. >> the united states condemns in the strongest terms this outrageous and shocking attack. >> reporter: speaking in the rose garden president barack obama condemned the attacks and killing of u.s. ambassador chris stevens. >> we jean all efforts to denigrate -- we reject all efforts to denigrate the religious beliefs of others, but there is absolutely no justification to this type of senseless violence. >> reporter: the president then went to the state departmento mourn with employees while his secretary of state said the libyan government was not involved. >> a free and stable libya is still in america's interest and security. and we will not turn our back on that. >> ambassador stevens died trying to get staffers out of the u.s. consulate while the demonstrations raged outside. while there attackers fired grenades and automatic weapons into the building. >> this attack is a horrible attack. we condemn it. we strongly condemn this kind of attack. >> governor mitt romney wednesday had to defend a statement criticizing the white house's handling of the growing protests. it was left to v
. >> the united states condemns in the strongest terms this outrageous and shocking attack. >> reporter: speaking in the rose garden president barack obama condemned the attacks and killing of u.s. ambassador chris stevens. >> we jean all efforts to denigrate -- we reject all efforts to denigrate the religious beliefs of others, but there is absolutely no justification to this type of senseless violence. >> reporter: the president then went to the state departmento mourn...
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Sep 16, 2012
09/12
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WRC
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not just in maryland but across the united states of america. we're one-half of the cost of a four-year university, and a third of the cost of a private institution in the state. >> and arnie duncan says not only do states need to make community colleges higher budgetary priority, but students need to be smart consumers. >> if you look at it from a financial perspective, we know they are. we recognize the cost and the value. and they can transfer to a four-year institution with all of their credits moving with them, they can move into the world of work, and as they think about continuing to pursue, they can take advantage of any employer tuition reimbursement programs. so we believe their good consumers that way. and i think they're beginning to understand that looking at the associates degree, and using that as an avenue to produce income for their families and do it in such a way that they can work and attend college. when you think about us being almost 24 hours a day, even cays a week, you look at face to face and online learning, and many o
not just in maryland but across the united states of america. we're one-half of the cost of a four-year university, and a third of the cost of a private institution in the state. >> and arnie duncan says not only do states need to make community colleges higher budgetary priority, but students need to be smart consumers. >> if you look at it from a financial perspective, we know they are. we recognize the cost and the value. and they can transfer to a four-year institution with all...
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Sep 19, 2012
09/12
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what's going to happen in the united states? people just want certainty, particularly at a time like this when china is in a recession. >> that is exactly what i'm talking about in my observation coming up. people are not going to add heads to the payroll if you don't know what your tax bill is going to look like. >> no way. you're kidding yourself. >> it's on congress, then. we need fiscal policy. >> we need leadership. we need a marshall plan. we need a grand plan that first starts with today's reality before you try to go to tomorrow. >> what do you think about the election? do you think the election changes this? does that bring us clarity? >> well, that's a tough one. i mean, it's not sure. because the people that running for office, are they going to actually operate, or is it just going to be what they do with a speech, right? what really counts is not the speech but what you do in between the speech. >> the truth is, we may not get the clarity because they're not dealing with the issues like the fiscal cliff until after
what's going to happen in the united states? people just want certainty, particularly at a time like this when china is in a recession. >> that is exactly what i'm talking about in my observation coming up. people are not going to add heads to the payroll if you don't know what your tax bill is going to look like. >> no way. you're kidding yourself. >> it's on congress, then. we need fiscal policy. >> we need leadership. we need a marshall plan. we need a grand plan that...
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Sep 19, 2012
09/12
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what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that, yes, we have a treaty with japan. however, this is really not in u.s. interests, given that this whole area is a very powerful economic region. we don't want to have these two nations go to war. so the u.s. stance, i believe, will be let's try to negotiate this and keep it peaceful. >> and i guess, peter, china has an extraordinarily powerful tool if we're talking about economic retaliation here. if the u.s. tried anything, wouldn't china be able to dump our bonds? >> they would. let's look at the bigger story here. the are small islands,ut they hava
what are the implications for the united states? let's ask ann lee and peter navarro with the university of california irvine and a cnbc contributor. thank you very much for joining us today. the u.s. has already stated it does not take a position of sovereignty with regards to the islands. nonetheless, i think there's an understanding here that if there was a military escalation it would probably side with japan. so what are the implications for us at this juncture? >> i believe that,...
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Sep 19, 2012
09/12
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CNBC
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how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these things in. we charge $500, they increase the rent $100 a month, the pay back is in months, and the game is on. people are renovating rental places and motels and hotels because they're occupied. three years ago they were taking a room in a motel, tearing it apart, bringing the fixture over and fixing the other room that was leaking. now they're renovating those things. so the home rental idea is moving strongly. you take the marcellus fields, we can't get pipe up there fast enough. we can't get pre-fab buildings up there fast enough. i mean, i'm not talking marcellus, i'm talking north dakota in the basin
how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these...
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Sep 20, 2012
09/12
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should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel
should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do...
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Sep 12, 2012
09/12
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MSNBCW
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it has been over a year now since the united states killed osama bin laden. the head of the group that attacked us on 9/11. it's a presidential election year. it's a year when one of the wars we launched after 9/11, the one that actually had a connection to 9/11, is a war that's still going on, but the other long war we launched after 9/11 has been ended in iraq. and all of those variables factor into decisions about how we mark this day as americans. but also how our leaders or our would be leaders mark it. how we commemorate 9/11 is a work in progress. we saw today a decision by the white house and the obama campaign to have vice president joe biden mark the day in a way that was not political. it was just about remembering the people who were lost that day and commemorating the sacrifices people have made in this country because of 9/11. while both sides in the presidential campaign suspended their negative ads for the day out of respect for the anniversary, there's no ban on campaigning today. there's no rule about what you can and cannot do. mitt romney
it has been over a year now since the united states killed osama bin laden. the head of the group that attacked us on 9/11. it's a presidential election year. it's a year when one of the wars we launched after 9/11, the one that actually had a connection to 9/11, is a war that's still going on, but the other long war we launched after 9/11 has been ended in iraq. and all of those variables factor into decisions about how we mark this day as americans. but also how our leaders or our would be...
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Sep 14, 2012
09/12
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could this latest move, this trend across the united states hurt the stock? collin, this must be significant because amazon has a big competitive advantage if it's able to sell unlike the bricks and mortars shops with no sales taxes in certain states. >> ten years ago, it was a bigger advantage for amazon for consumers to avoid sales taxes. today, not having distribution centers closer to consumers is the biggest disadvantage for amazon. we think they're turning lemons into lemonades. getting closer to consumers will play to amazon's advantage over the next few years. >> we lived a pretty ebs tensive survey of about 1100 people in the u.s., 20% of them was the avoid dance of sales taxes, the major reason they shop on amazon. you can impose state taxes. like they did in new york. we don't think you'll see a growth tax in california. >> advantages of having warehouses closer to consumers. one would be the roll out of same-day delivery, how big could that part of the business actually be? >> to mark's point, when you survey consumers convenience and selection an
could this latest move, this trend across the united states hurt the stock? collin, this must be significant because amazon has a big competitive advantage if it's able to sell unlike the bricks and mortars shops with no sales taxes in certain states. >> ten years ago, it was a bigger advantage for amazon for consumers to avoid sales taxes. today, not having distribution centers closer to consumers is the biggest disadvantage for amazon. we think they're turning lemons into lemonades....
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Sep 7, 2012
09/12
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madam chairwoman, delegates, i accept your nomination for president of the united states. now, the first time i addressed this convention in 2004, i was a younger man. a senate candidate from illinois who spoke about hope. not blind optimism, not wishful thinking, but hope in the face of difficulty. hope in the face of uncertainty. that dogged faith in the future which has pushed this nation forward even when the odds are great. even when the road is long. eight years later, that hope has been tested. by the cost of war, by one of the worst economic crises in history and by political gridlock that's left us wondering whether it's still even possible to tackle the challenges of our time. i know campaigns can seem small, even silly sometimes. trivial things become big distractions. serious issues become sound bites. the truth gets buried under an avalanche of money and advertising. if you're sick of hearing me approve this message, believe me, so am i. but when all is said and done, when you pick up that ballot to vote, you will face the clearest choice of any time in a gene
madam chairwoman, delegates, i accept your nomination for president of the united states. now, the first time i addressed this convention in 2004, i was a younger man. a senate candidate from illinois who spoke about hope. not blind optimism, not wishful thinking, but hope in the face of difficulty. hope in the face of uncertainty. that dogged faith in the future which has pushed this nation forward even when the odds are great. even when the road is long. eight years later, that hope has been...
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Sep 19, 2012
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in the united states this is totally open ended and as the fed announced last week. they're just going to print money until we see a major improvement in the job market. i consider what's happening in europe actually better monetary poli policy. >> why would you consider it better? i don't think either of those policies address what they're trying to address. in the case of the u.s. i don't see a correlation with fed programs and unemployment or at least not one big enough to pull out and with regard to europe, if outside investors don't come in or you don't fix what's wrong with these countries, how long can the printing presses go? can you comment on my opinion versus yours? >> sure. remember, europe is where we were a few years ago. they still have to shore up the banking system. they have to do a lot of things including deposit insurance if you deposit in different countries, so what draghi is doing is financially trying to shore up the banking system. what we're doing in the united states if you at price of gold, the inflationary expectations in the tips market,
in the united states this is totally open ended and as the fed announced last week. they're just going to print money until we see a major improvement in the job market. i consider what's happening in europe actually better monetary poli policy. >> why would you consider it better? i don't think either of those policies address what they're trying to address. in the case of the u.s. i don't see a correlation with fed programs and unemployment or at least not one big enough to pull out and...
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Sep 13, 2012
09/12
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states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be surprised. it's hard to anticipate and hard to deal with. >> i think there was also an over estimation of the strength of the moderates. everyone at least in the west was looking at twitter and there seemed to be a flood of moderate voices from the middle east. a lot of the voices were people who lived in canada, australia and the united states, not really here so much. i think that props overrepresented the number of moderates, the number of people who seemed to want just what the united states wanted. that really was never the case. you can see now all
states, that the united states is against islam. as soon as the leaders who were strongmen who were removed, a lot of those conspiracy theories rose to the surface. i think education is certainly necessary. >> we had one of our reporters earlier, richard, make the point that moderate middle easterners can't compete when push comes to shove with extremists, the best of intentions -- by definition, when you're moderate, you're not willing to go that extra mile. i guess we shouldn't be...
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Sep 17, 2012
09/12
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states. it's just when that breaks down and you don't think it's fair. and you know what else plays into it? is corporate cronyism and the kablt ability to succeed but not to fail. we talk about these things in a perfect world. and it's not perfect. and that's when we get things that need to be rectified and people feel like they're getting screwed, basically. >> no, there's a feeling, and the feeling is enhanced in a downturn, a bubbly economy is when people feel better. i have to add these problems may seem, you know, to be challenges for us. they're big challenges in other places. >> worse than here. >> oh, yeah. india has had momentum stall and a loss of investor confidence from some really dumb stuff. >> you think we can get our mojo back, mike? >> oh, yeah. >> you do? >> yeah, i think so. partly because there's so many parts of the economy on the private sector side that are dynamic and functioning fine. i think people will get motivated and get back in the game. the real question marks
states. it's just when that breaks down and you don't think it's fair. and you know what else plays into it? is corporate cronyism and the kablt ability to succeed but not to fail. we talk about these things in a perfect world. and it's not perfect. and that's when we get things that need to be rectified and people feel like they're getting screwed, basically. >> no, there's a feeling, and the feeling is enhanced in a downturn, a bubbly economy is when people feel better. i have to add...
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Sep 26, 2012
09/12
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the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with community reinvestment act, freddie and fannie. the impact on decision makers, a lot of books written by congress that don't really understand what the impact of regulations have on people trying to make decisions. if somebody threatens to put you in jail, closes your bank down, you're going to do things that you may have a lot of discomfort with. and this is something joe would be interested in. i talk a lot about philosophy. bb & t did better than any other institution. all of our management, and another reason, this is interesting, i think a lot of ceos were victims of wha
the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with...
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Sep 19, 2012
09/12
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. >> so they see, these chinese who are rebelled against it, they blame the united states for japan, i guess japan's trying to take a couple of islands someplace. but you're saying, this avm missile, we help them, we're being blamed for that, is that what you're saying? >> basically when the chinese see the u.s. and japan thickening up our military cooperation, in this case, in an anti-ballistic missile system, they see it as some kind of act against the chinese. it's not about the chinese, it's about the north korea missile and nuclear program which has the japanese very worried. we want to work with the japanese, we don't want the japanese to go off on their own and develop their own systems, so we're working with them. but the chinese think it's about them. i really have to emphasize what's going on in china today is not about the u.s., it's about japan. >> secretary of defense panetta is trying to negotiate a new military treaty with china. last time i covered this story, secretary of defense bob gates was in china and they were flying these supersonic jets, these new fighter jet
. >> so they see, these chinese who are rebelled against it, they blame the united states for japan, i guess japan's trying to take a couple of islands someplace. but you're saying, this avm missile, we help them, we're being blamed for that, is that what you're saying? >> basically when the chinese see the u.s. and japan thickening up our military cooperation, in this case, in an anti-ballistic missile system, they see it as some kind of act against the chinese. it's not about the...
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Sep 21, 2012
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one of the many topics we covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air pocket and meaning if the economy goes down, there's not an easy way to reverse it. monetary policy is less effective because when you buy a bond, when the federal reserve makes a purchase, that has the effect of giving money to somebody who won't put that money into something like that bond. and that money does not easily go to people who spend it, that's a balance between monetary and fiscal policy and i worry about the policymakers getting that balance right. that's a possibility and a scary possibility. other than that, i think the most likely situation is we will fly successfully from here to los an
one of the many topics we covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air...
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Sep 26, 2012
09/12
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there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are created by the oil and gas industry in the united states. >> right, right. let me get your take on natural gas. i'd love to know where you're seeing opportunity, how you're invested in the energy space. you've been a backer of natural gas. honda has the civic natural gas car. can the industry really transform to natural gas powered vehicles? >> well, there's no question the technology is well known. there are 13 million vehicles in the world today on natural gas. only 130,000 of them in the united states. we have more natural gas than any other country in the world. how could that be? it's because the leadership in washington has not, one, understood the resources available to us in america, but, two, they've shown no leadership to get on our own resources. use our fuel here. quit importing oil from opec. >> yep. well, we'll leave it there. boone, alwa
there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are created by the oil and gas industry in the united states. >> right, right. let me get your take on natural gas. i'd love to know where you're seeing opportunity, how you're invested in the energy space. you've been a backer of natural gas. honda has the civic natural gas car. can the...
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Sep 20, 2012
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. >> the united states has not had a current the account surplus since 1991. if we were on the gold standard, we just might not have anymore gold left. >> didn't we pass that so long ago? >> the dollar is not a weak currency. the dollar probably needs to be weaker in order to be more competitive, but you can't say that about every currency in the world. certainly in japan the currency has gotten too strong and you now they have the additional problems because of all of the riots going on, the conflict in china over these islands. and that's going to hurt japan again. so japan needs more than just a currency fix. the united states i think you can argue the currency is overvalued in a more fundamental way, but japan has lots of problems. >> do you play currencies? good >> only through companies listed in the u.s. we're not hedging. >> not hedges because -- >> because if we knew where currencies have gone, you'd be the smartest person around. the euro goes to 1.30 -- so it's hard. you have to get fundamentals right and then currency will take care of it. >> what'
. >> the united states has not had a current the account surplus since 1991. if we were on the gold standard, we just might not have anymore gold left. >> didn't we pass that so long ago? >> the dollar is not a weak currency. the dollar probably needs to be weaker in order to be more competitive, but you can't say that about every currency in the world. certainly in japan the currency has gotten too strong and you now they have the additional problems because of all of the...
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Sep 13, 2012
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for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> let's get a sector check. a lot of indecision ahead of the fed this afternoon. here's one look how consumer staples is doing this morning. meanwhile just in time for fashion week. google glasses making its runway debut during the die van von furstenberg show. it's being released through google+. joining us here at post 9 today is spencer annie. he's the bureau chief. always good to have you. >> good to see you, carl. >> you got to sit down and test drive these things yourself on monday. >> kind of like winning the lottery a little bit. >> what was it like? >> it was really interesting. the iphone 5 came out yesterday and a lot of people criticized it for being boring. this is not boring. it's basically a wearable computer that is a pair of eye frames, right?
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >>> let's get a sector check. a lot of indecision ahead of the fed this afternoon. here's one look how consumer staples is doing this morning. meanwhile just in time for...
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Sep 12, 2012
09/12
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. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead. leadership is necessary to ensure that events in the region don't spin out of control. >> all this happening as israeli prime minister benjamin netanyahu is using the strongest language to date about using force to stop iran from developing a nuclear weapon. this brings up the issue of making the u.s. less dependent on foreign oil. should we get off of middle eastern oil? chris, you first. all of this make you nervous about how much we depend on that region for our energy needs? what's the answer? >> well, you know, you look at saudi arabia providing 20% of the oil imports for this country. america needs
. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead....
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Sep 20, 2012
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fundamentals here in the united states. and the continual demographics in trms of what we would see with people putting money into bond funds. all that has continued. all those fundamental reasons have happened. what i can now say, i guess we'll call it a bit of a mea culpa call, i'll withdraw this idea i think we can see the 1%. i think the low, in fact, was hit for this year, for 2012, during the period of the summer right after i visited with you when we did hit about a 1.21 yield on that 10-year. here's the reasons why. some of it you heard yesterday with jeffrey gundlach. you've now got not true price discovery. a manipulated bond market because of the fed. as a result of that and the fact they are now targeting a certain sub sector, you will continue to see people fearful. the main fear here is that the chinese will start to sell u.s. government bonds to deal with their own problems and as a result of that all the flows in the manipulated market we have can pretty much tell you we will not see that 1% print this year.
fundamentals here in the united states. and the continual demographics in trms of what we would see with people putting money into bond funds. all that has continued. all those fundamental reasons have happened. what i can now say, i guess we'll call it a bit of a mea culpa call, i'll withdraw this idea i think we can see the 1%. i think the low, in fact, was hit for this year, for 2012, during the period of the summer right after i visited with you when we did hit about a 1.21 yield on that...
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Sep 7, 2012
09/12
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they're watching the fiscal issues that are facing the united states right now. and as we look at the in-trade chart with mr. romney unchanged on the trading session, down in the last week about 3%, mr. obama's in-trade up 4 1/3 and keep in mind, of course, the week of the democratic convention and mr. romney had a leg up in the republican convention and starting to shift from the election itself to more of the fiscal issues, tie. >> right, sue. all right. we'll continue, of course, to watch governor romney and his remarks. >> indeed. >> this hour out in orange city, iowa. the president up in new hampshire earlier this hour. sue? >> all right. we'll take a break and then you'll analyze the analyst. we have calls on priceline, nvidia and a stock that's been getting a lot of attention. we'll tell you about this in a minute and check this out. if you invested $100 in morgan stanley four years ago, you would have 40 bucks today. yikes. will you be better off four years from now? we'll tell you what four stocks to be investing in for next four years coming up on "powe
they're watching the fiscal issues that are facing the united states right now. and as we look at the in-trade chart with mr. romney unchanged on the trading session, down in the last week about 3%, mr. obama's in-trade up 4 1/3 and keep in mind, of course, the week of the democratic convention and mr. romney had a leg up in the republican convention and starting to shift from the election itself to more of the fiscal issues, tie. >> right, sue. all right. we'll continue, of course, to...
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Sep 21, 2012
09/12
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we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins us. >> reporter: good evening, joe. mitt romney promised when he released preliminary estimates that he would release these re
we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting...
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Sep 18, 2012
09/12
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states, right? >> i think that's a very good thing, yeah. >> very healthy conversation. some, even though they're calling these comments a disaster for the romney campaign, others are not. donald trump, for one. he's what he told the gang on "squawk box." this morning. >> these statements that were very unfortunate, i guess. i don't think he should apologize. he's probably right. he probably won't get any of those votes, but he should not be apologizing. >> so is donald trump right? should romney just stand behind though comments? joining us to break it down is director of the tax policy center and our own rick santelli. rick, you agree with trump? >> i'm not going to agree or disagree with trump. my opinion is he stated basic facts, not an elegant fashion. sometimes the facts aren't easy to swallow. the issue here isn't about that sound bite. the issue here is about the media. we have a $16 trillion debt. we have a jobs program, or many jobs programs that haven't worked. we have a federal reserve w
states, right? >> i think that's a very good thing, yeah. >> very healthy conversation. some, even though they're calling these comments a disaster for the romney campaign, others are not. donald trump, for one. he's what he told the gang on "squawk box." this morning. >> these statements that were very unfortunate, i guess. i don't think he should apologize. he's probably right. he probably won't get any of those votes, but he should not be apologizing. >> so...
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Sep 18, 2012
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now, having said that the expansion of the united states is very slow. we are down to 1 1/2 to 2% of gdp expansion. that is, like phil and i talked many time, the lowest, slowest expansion we have ever had following a deep recession. clearly, one of the worst recessions we have ever been in. we are very pleased that we are recovering in the automobile industry and in ford's care the pent-up demand is incredible. the average age, phil, is like 11 years old now. these new vehicles you can get from ford, you can economically replace your older vehicle. so we are so just gratified that we invested during the toughest time and we have the products now to help lead this economic recovery but it is a slower recovery than we have had in the past, for sure. >> so what did you say? i don't mean to beat this into the ground, yes or no? is america in better shape now than it was four years ago? >> clearly not in the deep recession that we were and we are starting to recover. so, this is a very positive thing. the thing i like about the debate is what can we do to in
now, having said that the expansion of the united states is very slow. we are down to 1 1/2 to 2% of gdp expansion. that is, like phil and i talked many time, the lowest, slowest expansion we have ever had following a deep recession. clearly, one of the worst recessions we have ever been in. we are very pleased that we are recovering in the automobile industry and in ford's care the pent-up demand is incredible. the average age, phil, is like 11 years old now. these new vehicles you can get...
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Sep 20, 2012
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retail sales net revenue saving up to $4.5 billion in taxes on goods sold in the united states. we talked to microsoft. here's what they told us. they say, microsoft has a complex business and we must comply with the complicated tax code of the united states, resulting in an exceedingly complex tax structure. second company in the crosshairs here today is going to be hewlett-packa hewlett-packard. the senate committee saying since at least 2008, hp has used billions of dollars of intercompany offshore loans to effectively repatriate untaxed foreign profits back to the united states to run u.s. operations. that's contrary to the intent of u.s. tax policy. we talked to hewlett-packard. here's what they told us. they say, hp has complied fully with all applicable provisions of the u.s. internal revenue code and auditor ernst and young has audited. we'll learn more about what this is up committee found in about a half-hour. >>> the committee on banking, housing and urban affairs, subcommittee on securities, insurance and investment is holding a hearing on high-frequency trading and
retail sales net revenue saving up to $4.5 billion in taxes on goods sold in the united states. we talked to microsoft. here's what they told us. they say, microsoft has a complex business and we must comply with the complicated tax code of the united states, resulting in an exceedingly complex tax structure. second company in the crosshairs here today is going to be hewlett-packa hewlett-packard. the senate committee saying since at least 2008, hp has used billions of dollars of intercompany...
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Sep 6, 2012
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we have had the four largest deficits in the history of the united states. four deficits in excess of a trillion dollars each so that more than a third of all the debt ever run up in the 236-year history of the united states, more than a third of it was under barack obama's presidency in the last three and a half years. who's going to pay off the debt? our children and a grandchildren. that's who is going to pay it off. that's where romney and paul ryan are calling for a growth agenda where we can start creating jobs in this country and not have economic growth of 1.7%, under 2% and a federal reserve board that believes we'll be in this shape for two years. that's why they say they will keep interest rates for another two years. >> you heard him talk about the debt created under president obama when the country was going off a fiscal cliff and the banks were seizing up. he never referenced the 5 trillion in debt generated under george bush while he was governor. he never referenced the two wars we didn't pay for. george bush was the first president in the hi
we have had the four largest deficits in the history of the united states. four deficits in excess of a trillion dollars each so that more than a third of all the debt ever run up in the 236-year history of the united states, more than a third of it was under barack obama's presidency in the last three and a half years. who's going to pay off the debt? our children and a grandchildren. that's who is going to pay it off. that's where romney and paul ryan are calling for a growth agenda where we...
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Sep 21, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! >>> cnbc was able t
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a...
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Sep 28, 2012
09/12
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howard dean would be the democratic nominee and president of the united states if that was the case. you have to give people a reason to vote for you. >> steve, you make pay compelling argument there. the debates, perhaps, michael, the next opportunity and the last opportunity for mitt romney to make this case. both sides have elised memos. this is beth myers of the romney campaign. this is what she says in part. it's clear that president obama will use his ample rhett for cal gifts in debating experience at one end. we expect a 90-minute attack ad. david axelrod not to be outdone by the obama campaign. saying we expect mitt romney to be prepared, disciplined and aaggressive. the first debate generally favor challengers. both sides are trying to manage expectations here? >> absolutely. >> this guy's really good. >> how do we get in the ring with him all of a sudden? >> right. >> they're skilled on their feet. that's how they got this far. i don't know that the second and third debate will matter that much for governor romney if there isn't something significant out of debate number o
howard dean would be the democratic nominee and president of the united states if that was the case. you have to give people a reason to vote for you. >> steve, you make pay compelling argument there. the debates, perhaps, michael, the next opportunity and the last opportunity for mitt romney to make this case. both sides have elised memos. this is beth myers of the romney campaign. this is what she says in part. it's clear that president obama will use his ample rhett for cal gifts in...
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Sep 23, 2012
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> is your money safe in a question that is top of mind for almost every investor out there today. can the agency charged with watching the markets keep up with faster and newer technology? do they have enough weapons to fight fraud? mary shapiro, chairman of the securities and exchange commission. she joins me now for a rare interview. mrs. chairman, it's great to have you on the program. thanks for joinin
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up....
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Sep 10, 2012
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you've got 30 producing states, producing oil and gas in the united states. that's the greatest number we've ever had. the 30 producing states can decide this election. and some of those are pennsylvania, ohio, colorado, new mexico, west virginia. all of those are key swing states. and it would surprise me if any of those states, when they realize that governor romney has a plan, governor romney, i think, will carry his plan out. and that is to advance alternative energy for transportation, which is natural gas. now, when you -- you know, 70% of all the oil used every day in the world goes to transportation fuel. wind and solar, great sources of energy, but have nothing to do with imported oil. so, president obama talks about wind and solar all the time. but what you've got to do is develop resources in this country. we have those resources. and you can get off opec oil. now, that is sensitive oil that comes into the united states. 4.5 million barrels a day. remember the straits of hormuz, persian gulf, 7 million barrels a day move out of the persian gulf. we
you've got 30 producing states, producing oil and gas in the united states. that's the greatest number we've ever had. the 30 producing states can decide this election. and some of those are pennsylvania, ohio, colorado, new mexico, west virginia. all of those are key swing states. and it would surprise me if any of those states, when they realize that governor romney has a plan, governor romney, i think, will carry his plan out. and that is to advance alternative energy for transportation,...
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Sep 6, 2012
09/12
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states on food assistants? that's staggering. we have not produced a single net new job. there is a bridge that has to be gapped, and ceos want to see what plan and the path is. >> the fiscal cliff has a lot of ceos concerned, what about you? >> i think that's the number one concern. it's a 3% hit to incomes in gdp terms, and the economy only grows 2%. if that happens, and we won't know until after the election, it will wipe out job creation until next year. we're hoping and thinking it gets fixed, but we have to see the election and get into december. >> more things to worry about and think about in the meantime. >> pretty sobers. >> 37 minutes until the closing bell. the nasdaq is higher by 61. >> that is a four.5 year high for the s&p 500, is there more room to run? should you take profits? >>> new claims, president obama and john boehner had a massive blow up over the collapse of the debt deal last year. we're talking about a tirade from the president, can they possibly work together to fix our debt situati
states on food assistants? that's staggering. we have not produced a single net new job. there is a bridge that has to be gapped, and ceos want to see what plan and the path is. >> the fiscal cliff has a lot of ceos concerned, what about you? >> i think that's the number one concern. it's a 3% hit to incomes in gdp terms, and the economy only grows 2%. if that happens, and we won't know until after the election, it will wipe out job creation until next year. we're hoping and...
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Sep 10, 2012
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states represented the best place to invest. the stock market could do higher. >> i figure after the first 16 or 18 minutes of stock market rally with qe-3, i think the stock market this whole bloody thing, they're tired of it, then they start worrying about tax hikes, as our own ayman javers said, probably an accurate point, we may not, they may not in washington get to tax hikes until the middle of january, when a potential new president is sworn in, and then i could just tell you from the reagan days, you don't just snap your fingers and do a deal. these things have -- even with romney, it will take months to go through the process. >> i think -- despite the fact i'm completely supporting the new conservative administration, i do think it might get a little trickier if republicans come in. i think they may wait and i think it could be -- i won't say a disaster by any means, i think it could spook the market quite easily. >> let's prosecuting in jeff, who knows a thing or two about all this, the chief market strategist. good e
states represented the best place to invest. the stock market could do higher. >> i figure after the first 16 or 18 minutes of stock market rally with qe-3, i think the stock market this whole bloody thing, they're tired of it, then they start worrying about tax hikes, as our own ayman javers said, probably an accurate point, we may not, they may not in washington get to tax hikes until the middle of january, when a potential new president is sworn in, and then i could just tell you from...
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Sep 24, 2012
09/12
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we're gaining market share here in the united states and the riots in china over the weekend support our notion that in the future do you want to put manufacturing facilities overseas or in the united states? this weekend is why you want to put them in the united states. >> peter, tell me what the market right now is saying to you. it would seem to me that since bernanke came out a week or so ago with the announcement of qe3 that the market has kind of moved back a little bit. we've had a few sort of down days as though the market were saying, he gave us what we expected and now it's time to get a little smart. >> it's time to get smart. the earning season could be choppy. i think a lot of people are waiting for that. actually, that's a smart move. don't think you'll see much in the next probably three weeks that will motivate anybody in either direction very seriously. i would like to say i'm a little more positive about it. i think i might be in the minority on this, but i do think we'll probably see some surprises -- >> you got the earnings season right up against the election, wh
we're gaining market share here in the united states and the riots in china over the weekend support our notion that in the future do you want to put manufacturing facilities overseas or in the united states? this weekend is why you want to put them in the united states. >> peter, tell me what the market right now is saying to you. it would seem to me that since bernanke came out a week or so ago with the announcement of qe3 that the market has kind of moved back a little bit. we've had a...
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Sep 11, 2012
09/12
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>> i support the president of the united states. whoever that may be. >> bob, good to have you on the program. obviously investors had a great day today. aig trades up, 3345 is where it closed. we'll be watching the developments. thanks for your time today. >> thank you, maria. >> always good to see you. >> happy birthday. >> thank you so much, bob. >>> gridlock on the fiscal cliff. eric cantor pointing the blame at president obama's doorstep just an hour ago. >> frankly, the president's been unwilling to meet us to sit down and try an iron out the differences. >> now we get the other side. steny hoyer is we me, the second most powerful dem in congress. he'll join me after this break. you won't want to miss it. stay with us on that. later, with facebook's stock slumping to half the original ipo price s it time for mark zuckerberg to hands over the reigns to a more seasoned executive? then we'll take you live to an event he's speaking at. you're watching "closing bell" on cnbc, first in business worldwide. oh, hey alex. just picking
>> i support the president of the united states. whoever that may be. >> bob, good to have you on the program. obviously investors had a great day today. aig trades up, 3345 is where it closed. we'll be watching the developments. thanks for your time today. >> thank you, maria. >> always good to see you. >> happy birthday. >> thank you so much, bob. >>> gridlock on the fiscal cliff. eric cantor pointing the blame at president obama's doorstep just an...